Output and input levels always tend to an equilibrium point it the long run, meaning they are inelastic in the long run.
Elasticity refers to how much supply and/or demand changes with changes in pricing. The more elastic, the more change there is.
In the short-term, output and and supply can change dramatically, but in the long run things tend back to the middle (equilibrium).
Answer:
A) create greater efficiency in making goods available to target markets
Explanation:
While producers usually focus on getting raw materials at efficient cost and optimize the production process in a bid to stay profitable, intermediaries such as wholesalers and distributors are usually engaged to ensure that the products are properly distributed and available in the target market of consumers.
Intermediaries usually bring the goods from the producer to the consumer through the intermediaries distribution networks.
Answer:
For this calculation we need to use the Effective Annual Yield Formula.
EY = (1 + r/n)^n - 1
Where:
- EY = Effective annual yield
- r = coupon rate
- n = number o periods the coupon rate is compounded per year
Plugging the amounts into the formula we obtain:
EY = (1 + 0.06/2)^2 - 1
EY = 0.062
EY = 6.2%
To obtain the effective semi-annual yield, we simply divide the effective annual yield by two:
= 0.062/2
=0.031
Effective semi-annual yield = 3.1%
In this case, we would not invest in the bond because the effective semi-annual yield does not reach the required 4%.
Explanation:
I believe the answer is: Self selection
Self-selection begin with self-introspection in order to find out what we truly desire from our career and the skill sets that we have from our personalities, knowledge and experience.
After that, we pinpoint this data with the type of job that exist in the market and the criteria that is expected by the employers. Doing self selection before picking a job would increase the rate of job satisfaction.
